GOLD WHAT'S NEXT
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price is still stuck inside this range trading between our support and resistance zones.
However, price is approaching our lower support zone and around our previous major low, where we will be looking for new longs as well.
Meanwhile, from a shorter-term perspective, price is trading inside this falling channel and still bearish Unless price managed to break above the marked swing high.
Then a movement higher would be expected.
Until that happens, price can still trade more lower to dive inside our support zone before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price is still stuck inside this range trading between our support and resistance zones.
However, price is approaching our lower support zone and around our previous major low, where we will be looking for new longs as well.
Meanwhile, from a shorter-term perspective, price is trading inside this falling channel and still bearish Unless price managed to break above the marked swing high.
Then a movement higher would be expected.
Until that happens, price can still trade more lower to dive inside our support zone before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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